Quotes in minutes; most approvals are instant. Coverage activation window up to 90 days.
Products Offered
Below are all the products offered by this company.
Term Life Insurance
PolicyMe specializes in affordable, digital-first term life insurance for Canadians. Their online platform allows applicants to get a quote in minutes, apply from home, and often receive instant approval.
- Coverage amounts: Up to $5,000,000
- Term lengths: 10, 15, 20, 25, or 30 years
- Medical exams: Rarely required (only for high-risk applicants or higher coverage levels)
- Family perks: Free $10,000 child coverage included and a 10% couples discount
- Underwritten by: Canadian Premier Life Insurance (Securian Canada), a trusted Canadian insurer
Best for: Families, couples, and individuals who want affordable protection during their prime earning years (mortgage, kids at home, etc.).
GET A QUOTE FOR TERM LIFE INSURANCE
Critical Illness Insurance
PolicyMe offers critical illness insurance that provides a tax-free lump-sum payment if you are diagnosed with one of 44 covered conditions, including cancer, stroke, or heart attack.
- Coverage amounts: Up to $1,000,000
- Unique feature: Includes coverage for early-stage cancers and conditions (more than many competitors)
- Simplified application: Most decisions made instantly online
- Flexibility: Coverage periods from 10-30 years
Best for: Canadians who want financial security to cover medical bills, lost income, or lifestyle changes if they face a major illness.
GET A QUOTE FOR CRITICAL ILLNESS INSURANCE
Health and Dental Insurance
PolicyMe also provides individual health and dental insurance for Canadians who don’t have workplace benefits. This coverage is especially valuable for the self-employed, freelancers, or small business owners.
- Health coverage includes: Prescription drugs, vision care, registered specialists (chiropractor, physio, massage, etc.)
- Dental coverage includes: Preventive care (cleanings, exams, X-rays), major restorative (crowns, bridges), and orthodontics (depending on the plan)
- Flexible plans: Basic, enhanced, or comprehensive coverage options
- Online claims: Fast and digital reimbursement process
Best for: Canadians without employer benefits who want affordable, customizable coverage for health and dental needs.
GET A QUOTE FOR HEALTH & DENTAL INSURANCE
Contact information
info@policyme.com
325 Front Street W, Suite 400, Toronto, ON, M5V 2Y1
Availability:
All of CanadaSupport Offered:
- Phone Support
- Email Support
- Social Media
- Blog
- Guides & Resources
- Educational Videos
Call Center:
Mon - Thu: 9:00 am and 8:00 pm (EST) Fri - 9:00 am and 5:30 pmFrequently Asked Questions About PolicyMe
How quickly can I get coverage?
What types of insurance does PolicyMe offer?
Term life, critical illness, and health & dental coverage - all online and underwritten.
Does PolicyMe require medical exams?
For most applicants, no medical exam is required. PolicyMe uses data-driven underwriting to provide instant approvals. Some higher coverage amounts may still require a short medical questionnaire or exam.
Who underwrites PolicyMe’s insurance policies?
All insurance policies are underwritten by Canadian Premier Life Insurance Company (operating as Securian Canada), a reputable and A-rated Canadian insurer.
What conditions does critical illness insurance cover?
PolicyMe’s critical illness insurance covers 44 different conditions, including cancer, heart attack, stroke, and early-stage illnesses. This is broader coverage than many other providers in Canada.
Can I cancel my PolicyMe coverage?
Yes. PolicyMe offers a 30-day money-back guarantee. You can cancel your policy anytime within the first 30 days and receive a full refund of your premium.
How Does PolicyMe Make Money?
PolicyMe is an online life insurance company that allows Canadians to buy term life insurance in minutes, 100% online, at the most affordable price.
Is PolicyMe legit?
Yes, PolicyMe has been in business since 2018 and they work with some of the top life insurance companies in Canada. They are fully licensed in Canada, underwritten by Securian Canada, with strong BBB ratings.
How is PolicyMe different from traditional insurers?
Unlike traditional insurance providers that require in-person meetings, paper forms, and weeks of waiting, PolicyMe is a 100% online process. Most applicants get a decision instantly or within 24 hours, and coverage starts right away.
Can couples save money with PolicyMe?
Yes. PolicyMe offers a 10% couples discount on life insurance policies, plus free $10,000 child coverage. This makes it one of the most family-friendly options on the market.
Is PolicyMe available across Canada?
Yes, PolicyMe serves customers in every province and territory across Canada. Availability of some products may vary depending on your location.
PolicyMe Reviews
Avg. Rating: 5.0 (3 reviews)
Simple
“I’ve had some bad experiences with life insurance in the past, and PolicyMe really simplified everything for me. It took me less than 10 minutes to apply for my policy, and then the team there took care of the rest. Shout out to Laura and Tobin for answering a lot of my annoying questions! Would recommend PolicyMe to my friends and family. (via Google Reviews)”
Saved big
“I saved over $300 by going with PolicyMe instead of another insurance broker that gave me his quotes.”
So convenient
“I love that you can get life insurance from home! Don't need to go anywhere and it's done. Really good service. ”
